Internal auditing is an independent & objective assurance designed to add value and to improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic & disciplined approach to evaluate and improve the effectiveness of risk management, control and management. Internal audit plays a pivotal role in improving an organization’s effectiveness and efficiency by providing reasons for deviations from the laid down internal control procedures & effective measures to overcome them.The scope of internal auditing within an organization is broad and may involve areas such as the efficacy of operations, the reliability of financial reporting, deterring and investigating fraud, safeguarding assets, optimum utilisation of the organisation’s resources and compliance with laws and regulations.
Statutory Audit
Every company registered / established under the Companies Act, 1956 in India has to get its accounts audited every year. It is directed to verify whether the company is adhering to all the compliance procedures applicable. In statutory audit, the statutory auditor has to report on the financial statements of the company for the given period as to whether they represent a true & fair view of the state of affairs of the company. Statutory audit report serves as a significant tool of measure to all the stakeholders / general public in assessing the viability of the company in future with respect to their dealings.
Tax Audit & Tax Return Filing
We provide Tax Audit Support Services which include compilation of various details& Information required for tax audit purposes and providing audit support to auditors which in turn leads to smooth filing of Tax Audit Returns.The filing of income tax return is a legal obligation of every person whose total income during the previousyear exceeds the maximum amount which is not chargeable to income tax under the provisions of I.T. Act, 1961. The return should be furnished in the prescribed form on or before the due date(s). We at Hatkar's Tax & Financial Consultant prepare,review and file your income tax returns accurately and timely, We ensure that the maximum tax benefits are availed, taxes are minimised& returns are filed within the due date so as to avoid interest & penalties & all your tax filing obligations are properly discharged.